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President Maduro announced that China has agreed to invest 20 billion dollars in Venezuela following the China- Community of Latin American and Caribbean States (CELAC) meeting in Beijing. Venezuelan officials hope that increased Chinese investment will offset some of the shortfalls in the Venezuelan economy due to decade-low oil prices.

Venezuelan president Nicolas Maduro shared “good news” from Chinese capital Beijing yesterday, after meeting with Chinese leaders and business owners to forge further pacts meant to mutually benefit both countries’ economies.

Venezuelan President Nicolas Maduro said Sunday he would consider the release of the jailed far-right opposition leader Leopoldo Lopez if the United States agreed to release Oscar Lopez Rivera, a Puerto Rican nationalist currently held in a U.S. prison

The Venezuelan government has published previously withheld data revealing that the economy entered a recession in the second quarter of this year. However President Nicolas Maduro said significant changes to Venezuela’s economic model were being planned and that an economic “recovery plan” would be implemented in early 2015.

The G77 group, an international forum of developing countries, and China have expressed their firm rejection of unilateral sanctions imposed by the U.S. against Venezuela and asked for them to be rolled back, said Bolivian President Evo Morales.

US entertainment channel MTV has signed a contract with a Venezuelan media group to purchase extensive footage of the violent anti-government protests that wracked the South American nation earlier this year, to be featured in the new reality series Rebel Music.

During a Mercosur summit held today in Argentina, Venezuelan president Nicolas Maduro called Barack Obama’s recent move toward normalizing US-Cuba relations “brave,” while the rest of the trade bloc released a statement condemning the US leader for approving sanctions against Venezuela last week.

Venezuelan president Nicolas Maduro announced on Friday his staunch support of the agricultural commune El Maizal after their communal property title was revoked by a Supreme Court judge earlier that week.

Today thousands of Venezuelans marched in Caracas to celebrate 15 years since the Bolivarian Constitution was passed in a nationwide referendum, creating the legal framework for the Bolivarian revolution.